Forex Social Network

Forex social trading networks – a new Forex trend that picked up the speed in recent years. And why not, when the idea of being connected with other Forex traders on the network benefits everyone!

Forex social trading networks is a social environment that offers interaction between active Forex traders in real time.It allows quick communication, sharing of trading signals, auto-trading and synchronization of order executions between several accounts (between a signal provider and followers) and, of course, commercialization of own trading strategy through selling signal subscriptions to traders.

Social Forex trading offers significant benefits of sharing knowledge with others. Novice traders can follow more experienced traders,while the rest can simply select and subscribe to one of hundreds of Forex signal providers (traders who’s strategies have been showing good performance) and have their own trading adjusted and improved as well (at least that’s the plan).

Social trading networks started as independent projects, but nowadays Forex brokers are more and more interested in having their own trading networks available for their clients, since it provides extra features, among which the most desirable is interaction among traders which stimulates active trading.

Brokers who offer Forex Social Trading Networks to own clients:

Top BrokerSinceLeverageMonthly ContestMin DepositPlatformOpen an account
AGEA reviews2005100:1Win $50$1 Agea.tradeAGEA official website

Forex BrokerSocial Trading NetworkMinimum DepositTrading PlatformsFees
Ayondo MarketsAyondo$100AyondoSpreads
BlackBull MarketsMyfxbook AutoTrade$100MT4free membership
BulbrokersSocial trading$100MT4Spreads
CM TradingSirix CopyKat$250SirixSpreads
Finpro TradingZuluTrade$100-
Forex RallyxSocial$100xStation
Gallant Capital Markets Trade Copier$250MT4Spreads
InstaForexForexCopy System$1MT4Commission per deal or profit sharing
Forex-MetalFX Replitrader$1MT4Spreads + % commission set by a signal provider
Forex4youShare4you$1MT4Followers: Free membership. Fixed commission $8 per lot.
Providers: Free membership. Earn from $4 - $7.2 per lot (depending on performance and copied volume) from total copied volume of follower's orders.
FXOptimaxMyfxbook AutoTrade$1000MT4free membership
GDMFXSocial & Autotrading$100MT4
GO MarketsGO MT4 Community$500MT4
HotForexHF Social$100FxStatSpreads
IronFXSirix$500Sirix, MT4Spreads
Larson&HolzFirst social trading network$25MT4Copying traders - in development. Traders "talk" is available.
MaxFXMyfxbook AutoTrade, cMirror$200MT4, cTrader
MFX BrokerMFX Social Trading$1
MXT GlobalFX Copy$100MT4free membership
Nova FX TradingFX Replitrader$500MT4Spreads + % commission set by a signal provider
OneTradeFXSTAT (TLEX)$1$0.55 per mini lot per side
Titan FXZuluTrade$200
TeleTradeSynchronous Trading$100MT4, MT5Spreads
Windsor BrokersSAWA$100MT4, MT5Spreads
YouTradeFXSirix$500Sirix, MT4Spreads
Vantage FXFX Copy, Myfxbook$100MT4free membership

Independent Social Trading Networks

Independent Social Trading Networks are networks that don’t belong to any particular broker. They run independently, however allow connecting existing trading accounts from different brokers into the network. This way traders can interact not only within the limited circle of clients from 1 broker, but rather with many traders who trade with different brokers.

Social Trading NetworkSupported platformsCommission structure & fees
Collective2MT4, Trade Station, Ninja TraderFollowers: pay % per position copied, established by the provider
Providers: pay $98 for 6 months for being a provider
FX CopyMT4Followers: Free membership
Providers: Free membership
FX JunctionMT4, MT5Followers: 1 pip per standard lot traded
Providers: Free membership
FXSTATMT4, MT5, Trading Station, Web based platformsFollowers: Fixed commission per trade ($8-10/per lot) or % for successful trades
Providers: Free membership. Earn 50% commission for each transaction.
Liga ForexLiga ForexFollowers: Fixed commission per trade ($8-10/per lot) or % for successful trades
Providers: Free membership. Earn 50% commission for each transaction.
MyFxServicesMT4, JForexCommission per profit sharing depending on the provider you copy.
Mirror TraderMirror TraderCommission structure - spreads - is set by each Forex broker, who uses the platform.
MyfxbookMT4, MT5, fxTrade/fxTrade Practice, FXCM Trading Station and Strategy TraderFollowers: Free membership or a markup spread (depending on a broker)
Providers: Free membership. Earn 0.5 pips per winning trade
TradeoTradeoCommission structure - spreads - is set by each Forex broker, who uses the platform.
ZuluTradeMT4, MT5 Followers: Free membership, pay spreads (depending on a broker)
Providers: Free membership. Earn 0.5 pips per lot traded
Did we miss any Forex Social Trading Network/Platform?
Please suggest by adding a comment below.